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Biotech / Medical : VD's Model Portfolio & Discussion Thread -- Ignore unavailable to you. Want to Upgrade?

To: tom pope who wrote (8078)	7/6/2000 11:13:43 PM
From: Biomaven	Respond to of 9719

tom: adjusting for taxes on the gain? VRTX isn't profitable yet, so they still have a big tax loss to shelter any income. Once they are consistently profitable, they will probably be forced to recognize their tax benefit and start reporting a normal tax rate (like AGPH did). As for the taxes on my gain, I'm just burying my head in the sand on that one. <g> It's a hard tradeoff between taking gains and paying taxes - certainly I missed selling some stocks (like GLGC) in February/March because the gains would still have been short term. Peter